Thursday 31 July 2014

CAPITAL STROKE COMMODITY UPDATE 31 JULY 2014 : MCX GOLD

CMP-27934 Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Gold above 28703 or buy with strict stop at 27390. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Support for the Gold is 27804-27702-27652-27221-.Resistance for the Gold is 28047-28248.





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